When you purchase a home with Landed's down payment program, you agree to stay with your current employer for at least two years after buying your home.
Landed offers our down payment program to school districts, colleges, and universities in high-cost areas. One of the goals of the down payment program is to support our educational institutions and districts in attracting and retaining their teachers and staff. So when you purchase a home with Landed's down payment program, your Landed contract stipulates that you must stay with your current employer for at least two years after buying your home. If you choose to leave voluntarily, you may be required to pay Landed even if you weren’t planning on selling the home (but remember, if you sell the home first, this requirement will no longer apply).
Keep in mind that this is not an employer program, and your employer does not have any influence over how Landed sets or enforces the rules of our partnership. Landed also does not disclose who participates in the program to school and district partners without your consent.